GBPUSD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:14 am
GBPUSD remains in uptrend from 1.5854, the fall from 1.6593 could be treated as consolidation of the uptrend. Support is at 1.6220, as long as this level holds, the uptrend could be expected to resume, and another...

EURUSD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:13 am
EURUSD moved sideways in a trading range between 1.3296 and 1.3892. The price action in the range is likely consolidation of the uptrend from 1.2747 (Apr 4, 2013 low). Pullback to the lower line of the price...

USDCAD Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:10 am
USDCAD’s upward movement from 1.0182 extended to as high as 1.0945. Further rise is still possible after a minor consolidation, and next target would be at 1.1200 area. Key support is located at the upward trend line...

USDCHF Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:10 am
USDCHF remains in downtrend from 0.9751, the price action from 0.8890 could be treated as consolidation of the downtrend. Key resistance is at 0.9249, as long as this level holds, the downtrend could be expected to resume,...

USDJPY Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:09 am
USDJPY remains in uptrend from 96.57, the fall from 105.44 could be treated as consolidation of the uptrend. Initial support is located at the lower line of the price channel on daily chart, as long as the...

AUDUSD Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:08 am
AUDUSD broke above the downward trend line on daily chart, suggesting that consolidation of the downtrend from 0.9756 is underway. Further rally could be expected in a couple of weeks, and the target would be at 0.9200...

GBPUSD Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:08 am
GBPUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.5854, and the fall from 1.6593 could be treated as consolidation of the uptrend. As long as the channel support holds, the...

EURUSD Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:07 am
EURUSD remains in uptrend from 1.2756, the fall from 1.3892 could be treated as consolidation of the uptrend. Key support is located at the lower line of the price channel on daily chart. As long as the...

USDCAD Weekly Analysis – January 5, 2014

by ForexCycle.com | January 5, 2014 5:43 am
USDCAD moved sideways in a narrow range between 1.0561 and 1.0737. As long as 1.0561 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182, another rise towards 1.1000...

USDCHF Weekly Analysis – January 5, 2014

by ForexCycle.com | January 5, 2014 5:42 am
USDCHF broke above the upper line of the price channel on daily chart, suggesting that the downtrend from 0.9751 had completed at 0.8799 already. Further rally could be expected, and next target would be at 0.9200, followed...